Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Hyperliquid−0.357%7-day average −0.077% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.006%−$1 on $10k
+Price spread, last 3 days (all we have)+0.472%+$47 · spread now −0.357%, 7d avg −0.077%
=Together, before fees+0.465%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.280% cheaper against Hyperliquid than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ETC | 8.7949 | 0.0100 | pay 0.0013% / 1h | 38m 03s | $2.2M | $422K | 5x |
| Short | Variational Omni ETC | 8.7635 | 0.0100 | get 0.0100% / 8h | 2h 38m | $124K | $2K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.357% → −0.077%
- −$27.97
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$36.97
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; Variational Omni: RFQ quote, 50 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 3 min ago | 2.05 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 50 min ago | 3.27 bp | doesn't fit | 49.4 bp −$494 | doesn't fit | doesn't fit |
ETC on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ETC/USDC PERP | −0.0037% | 1h | 8.7920 | −0.033% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7755 | −0.221% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7830 | −0.135% | $498 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7792 | −0.178% | — | — | 150x | as long as short |
| Hyperliquid ETClong | +0.0100% | 1h | 8.7949 | long leg | $2.2M | $422K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.7763 | −0.212% | $982K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7940 | −0.010% | $26.3M | $70.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7820 | −0.147% | $12.9M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7870 | −0.090% | $8.7M | $16.3M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7820 | −0.147% | $3.5M | $2.4M | 60x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.7790 | −0.181% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7750 | −0.226% | $2.8M | $705K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7914 | −0.040% | $9.7M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7790 | −0.181% | — | $710K | — | as long as short |
| Variational Omni ETCshort | +0.0100% | 8h | 8.7635 | −0.357% | $124K | $2K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7820 | −0.147% | $152 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7803 | −0.166% | $131K | $272K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7810 | −0.158% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7929 | −0.023% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSD | +0.0180% | 1h | 8.7831 | −0.134% | $1.9M | $674K | 50x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7740 | −0.238% | $1.4M | $215K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8200 | +0.285% | $35K | $13K | 50x | as long as short |
Hyperliquid ETC
Variational Omni ETC
Injective ETC/USDC PERP
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Kraken Futures PF_ETCUSD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX